In January-September 2024, Naftogaz Group paid more than UAH 61 billion to the state budget of Ukraine and UAH 5 billion to local budgets, the company’s website reports.
In September, the company paid UAH 5.8 billion to the state budget, including UAH 0.6 billion to local budgets.
As reported, in 2023, Naftogaz Group companies paid UAH 90.2 billion in taxes, UAH 83.4 billion of which went to the state budget and UAH 6.8 billion to local budgets.
The state budget for 2025 envisages more than 5 billion UAH for the agricultural sector, Minister of Agrarian Policy and Food Vitaliy Koval said in Telegram. According to the report, 4.726 billion will be allocated for payments per hectare and for the maintenance of cows, sheep and goats.
In addition, UAH 200 million are planned for the restoration and construction of land reclamation systems, UAH 5 million for compensation of ERUs to family farms and UAH 80 million for the provision of favorable interest-free loans to farms.
The state budget envisages 1.37 billion UAH for grants, including for orchards and greenhouses, and 1 billion UAH for demining of agricultural land, the minister explained.
The Ukrainian government on Friday approved the draft state budget for 2025 with revenues (excluding official transfers and grants) of the general fund at UAH 2 trillion 7.4 billion and expenditures of the general fund at UAH 3 trillion 643.6 billion, the Finance Ministry said on its website.
“The forecast of state budget financing for 2025 provides for a reduction of the state budget deficit to 19.4% of GDP (in the current law on the state budget for 2024 – 20.6%), which corresponds to the indicators agreed with international partners,” the press release said.
According to it, with a projected deficit of UAH 1 trillion 640.6 billion, state borrowings of the general fund are planned in the amount of UAH 2 trillion 237.6 billion, including internal – UAH 579.2 billion and external – UAH 1 trillion 658.4 billion. “Not the entire volume of external borrowings has yet been confirmed by international partners – which requires further painstaking and perseverance,” the Finance Ministry pointed out.
The ministry specified that external financing is envisaged in the amount of $38.4 billion, privatization – UAH 3.2 billion, debt service of UAH 480.8 billion.
In the draft amendments to the state budget-2024 on the growth of general fund expenditures by UAH 434.6 billion, which the Verkhovna Rada adopted in early September, general fund revenues are envisaged in the amount of UAH 1 trillion 811.1 billion, expenditures – UAH 3 trillion 546.7 billion, deficit – UAH 1 trillion 846.1 billion, state borrowing – UAH 2 trillion 348.0 billion, including internal – UAH 742.0 billion, and total external financing – $41.3 billion.
In January-June 2024, Naftogaz Group paid UAH 44 billion in taxes to the state budget of Ukraine and another UAH 3.2 billion to local budgets, the company said on its website on Thursday.
In particular, in June, UAH 8.7 billion was paid to the state budget and UAH 0.5 billion to local budgets.
“Despite the military challenges, we continue to work steadily, save jobs, fill the budgets of all levels and strengthen the economy of our country,” said Oleksiy Chernyshov, Chairman of the Board of Naftogaz of Ukraine.
As reported, in 2023, Naftogaz Group companies paid UAH 90.2 billion in taxes, UAH 83.4 billion of which went to the state budget and UAH 6.8 billion to local budgets.
At a meeting on Thursday, the Cabinet of Ministers approved an intergovernmental agreement with the United States to raise $7.849 billion in economic aid for the Ukrainian budget.
“Today we are approving a draft agreement between Ukraine and the United States, which will allow Ukraine to receive about $7.9 billion in financial and economic support. These are funds under the new US aid package that will be allocated to the Ukrainian budget,” Shmyhal said at a government meeting.
According to the text of the agreement, published in Telegram by MP Yaroslav Zheleznyak, another $50 million will be allocated to prevent and respond to food insecurity, but the list of recipient countries will be determined later.
In addition, Ukraine may be among the countries that will receive another $1.575 million in economic assistance.
It is noted that the United States provides funds on an interest-free loan with the condition of repayment in one payment 40 years after September 30, 2025. At the same time, the agreement provides for the possibility of writing off part or all of this debt by the US President: after November 15, 2024, up to 50% of the loan may be canceled, and after January 1, 2026, the entire amount of debt may be canceled.
Representatives of the tourism industry paid UAH 616 million 391 thousand to the budget in the first quarter of 2024, which is 61% more than in the same period of 2023, when the budget received UAH 383 million 221 thousand, the press service of the State Agency for Tourism Development (DART) reports.
At the same time, they clarify that before the full-scale invasion in 2021, the state budget received UAH 629 million 135 thousand.
“The budget revenues for the first quarter of this year clearly demonstrate that tourism has not only adapted to the difficult working conditions during martial law, but is also developing, creating jobs and supporting local communities. Taxes from the tourism industry are an important part of the economy that is now working to support our army,” said DART Head Mariana Oleskiv, quoted in a press release.
The agency noted that in January-March, the total number of taxpayers engaged in tourism activities increased by 19% compared to the first quarter a year earlier. The number of legal entities increased by 6%, and individuals by 24%.
The largest share of state budget revenues (64%) was paid by hotels – UAH 395 million 194 thousand. This is 69% more than in the same period in 2023 (UAH 233 million 693 thousand) and 32% more than in the same period in 2022 (UAH 299 million 782 thousand). In the pre-war year of 2021, in January-March, the treasury received almost the same amount from hotels – UAH 394 million 576 thousand.
Tax revenues from the activities of tour operators have doubled – UAH 88 million 727 thousand compared to UAH 44 million 854 thousand for the same period last year. In 2021, the state treasury received UAH 47 million from tour operators.
In addition, tax revenues from the activities of travel agencies also increased – UAH 50 million 330 thousand compared to UAH 33 million 844 thousand for the same period in 2023 and UAH 46 million 238 thousand in January-March 2021).
In 2024, the share of tax paid by tourist centers and children’s recreation camps increased by 41%. In the first quarter, the budget received UAH 36 million 180 thousand of tax from these accommodation facilities, compared to UAH 25 million 653 thousand in the first three months of last year. However, compared to the same period in 2021, tax revenues fell by 70% from UAH 119 million 183 thousand.
There was an increase in taxes paid from campsites and parking lots for residential caravans – UAH 704 thousand against UAH 499 thousand. Although compared to 2021, taxes from these accommodation facilities are halved, the budget received UAH 1 million 535 thousand.
